50,000 homes sold in Dubai: A new benchmark, or just the beginning?
Dubai: For the first time, Dubai’s property market has seen sales of homes go past the 50,000 mark in a quarter. In all, 51,000 residential deals were done in the second quarter of 2025
A sizable number of these sales will involve end-users – and that’s where Dubai is hoping to generate more demand from in the coming months through the launch of the ‘first home’ initiative early this month. This is aimed squarely at those who are planning to buy their first home in Dubai, and which clearly targets younger buyers as well as newer residents in the city.
In all, just over 94,000 homes were sold in Dubai during the first six months of 2025, generating Dh268 billion. That’s 41% higher over the same period in 2024.
Dubai’s luxury homes
Sales of $10 million and plus homes pulled in Dh9.5 billion – and that’s another all-time high quarterly figure for the Dubai property market. There were 143 such deals in Q2-2025.
For the first time since Q2-2023, apartments valued at $10 million and over sold more than villas, with 80 apartment sales compared to 63 villas.
Are Dubai property price gains slowing down?
Based on the latest data, there's not much of a price drop. In fact, city-wide residential prices increased 3.4% in Q2-2025, to Dh1,809 per square foot.
That's a whopping 21.6% 'above the previous market peak in 2014'. A major reason for the latest increase is the number of luxury offplan projects that were launched in recent weeks, and which were priced much higher than the market average.
There were also a few deals struck whether at Al Barari or on Sheikh Zayed Road that rewrote existing records.
And offplan sales continue to dominate Dubai property market, accounting for 70% of home sales in the latest period.
